FEESTPALEIS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FEESTPALEIS
Largest movements
- Cash -€144,508
down €144,508 (-96.4%), from €149,905 to €5,397
mainly Provisions (-€147,229) and Current investments (-€25,762)
- Current investments +€25,762
up €25,762 (+5.4%), from €474,871 to €500,633
- Tangible fixed assets -€17,120
down €17,120 (-12.4%), from €138,483 to €121,364
of which Furniture and vehicles: -€12,143
- Provisions -€147,229
down €147,229 (-100.0%), from €147,229 to €0
- Reserves -€91,490
down €91,490 (-17.7%), from €516,181 to €424,692
of which Tax-exempt reserves: -€441,687
- Profit (loss) carried forward +€82,233
up €82,233, from -€82,233 to €0
- Tax, wage and social debts +€45,765
up €45,765, from €0 to €45,765
- Debts after one year -€20,327
down €20,327 (-47.7%), from €42,600 to €22,273
- Taxes +€170,828
up €170,828 (+69448.1%), from €246 to €171,074
- Financial income -€75,765
down €75,765 (-98.7%), from €76,798 to €1,033
- Other operating charges -€33,469
down €33,469 (-95.2%), from €35,140 to €1,671
- Financial charges -€20,806
down €20,806 (-125.4%), from -€16,588 to -€37,394
- Gross operating margin +€1,035
up €1,035 (+27.4%), from -€3,773 to -€2,739
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €764,064 | €627,576 | -€136,488 | -17.9% |
| Fixed assets | 21/28 | €138,483 | €121,364 | -€17,120 | -12.4% |
| Tangible fixed assets | 22/27 | €138,483 | €121,364 | -€17,120 | -12.4% |
| Land and buildings | 22 | €126,340 | €119,471 | -€6,869 | -5.4% |
| Plant, machinery and equipment | 23 | - | €1,893 | +€1,893 | |
| Furniture and vehicles | 24 | €12,143 | €0 | -€12,143 | -100.0% |
| Current assets | 29/58 | €625,581 | €506,212 | -€119,369 | -19.1% |
| Amounts receivable within one year | 40/41 | €631 | €0 | -€631 | -100.0% |
| Other amounts receivable | 41 | €631 | €0 | -€631 | -100.0% |
| Current investments | 50/53 | €474,871 | €500,633 | +€25,762 | +5.4% |
| Cash at bank and in hand | 54/58 | €149,905 | €5,397 | -€144,508 | -96.4% |
| Deferred charges and accrued income | 490/1 | €174 | €182 | +€8 | +4.4% |
| Total equity and liabilities | 10/49 | €764,064 | €627,576 | -€136,488 | -17.9% |
| Equity | 10/15 | €526,909 | €517,652 | -€9,257 | -1.8% |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Capital | 10 | €92,960 | €92,960 | = | 0.0% |
| Issued capital | 100 | €92,960 | €92,960 | = | 0.0% |
| Reserves | 13 | €516,181 | €424,692 | -€91,490 | -17.7% |
| Non-distributable reserves | 130/1 | €9,296 | €9,296 | = | 0.0% |
| Legal reserve | 130 | €9,296 | €9,296 | = | 0.0% |
| Tax-exempt reserves | 132 | €441,687 | €0 | -€441,687 | -100.0% |
| Distributable reserves | 133 | €65,199 | €415,396 | +€350,197 | +537.1% |
| Profit (loss) carried forward | 14 | -€82,233 | €0 | +€82,233 | |
| Provisions and deferred taxes | 16 | €147,229 | €0 | -€147,229 | -100.0% |
| Deferred taxes | 168 | €147,229 | €0 | -€147,229 | -100.0% |
| Amounts payable | 17/49 | €89,927 | €109,924 | +€19,997 | +22.2% |
| Amounts payable after more than one year | 17 | €42,600 | €22,273 | -€20,327 | -47.7% |
| Financial debts | 170/4 | €42,600 | €22,273 | -€20,327 | -47.7% |
| Amounts payable within one year | 42/48 | €44,015 | €83,535 | +€39,519 | +89.8% |
| Current portion of amounts payable after more than one year | 42 | €19,256 | €20,327 | +€1,070 | +5.6% |
| Trade debts | 44 | €510 | €454 | -€56 | -10.9% |
| Suppliers | 440/4 | €510 | €454 | -€56 | -10.9% |
| Taxes, remuneration and social security | 45 | €0 | €45,765 | +€45,765 | |
| Taxes | 450/3 | €0 | €45,765 | +€45,765 | |
| Other amounts payable | 47/48 | €24,249 | €16,989 | -€7,260 | -29.9% |
| Accrued charges and deferred income | 492/3 | €3,312 | €4,116 | +€805 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,179 | €19,428 | -€751 | -3.7% |
| Other operating charges | 640/8 | €35,140 | €1,671 | -€33,469 | -95.2% |
| Gross operating margin | 9900 | -€3,773 | -€2,739 | +€1,035 | +27.4% |
| Operating profit (loss) | 9901 | -€59,093 | -€23,838 | +€35,255 | +59.7% |
| Financial income | 75/76B | €76,798 | €1,033 | -€75,765 | -98.7% |
| Recurring financial income | 75 | €76,798 | €1,033 | -€75,765 | -98.7% |
| Financial charges | 65/66B | -€16,588 | -€37,394 | -€20,806 | -125.4% |
| Recurring financial charges | 65 | -€16,588 | -€37,394 | -€20,806 | -125.4% |
| Profit (loss) for the period before taxes | 9903 | €34,294 | €14,589 | -€19,705 | -57.5% |
| Transfer from deferred taxes | 780 | - | €147,229 | +€147,229 | |
| Income taxes | 67/77 | €246 | €171,074 | +€170,828 | +69448.1% |
| Profit (loss) for the period | 9904 | €34,048 | -€9,257 | -€43,305 | |
| Transfer from tax-exempt reserves | 789 | - | €441,687 | +€441,687 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,048 | €432,430 | +€398,382 | +1170.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.